1. Defendant Chetty Builders, Inc.'s Motion to Open Confessed Judgment and Motion for Stay is DENIED;

2. Defendant Carl E. Chetty's Motion to Open Confessed Judgment and Motion for Stay is DENIED; and

3. Defendant C.B. Aviation, LLC's Motion to Open Confessed Judgment and Motion for Stay is DENIED.

The Court having concluded that the amount of the confessed judgments in these three actions must be reformed (i) to reflect a reasonable attorney's fee and (ii) to accurately reflect the amount of defendants Chetty Builders, Inc., Carl E. Chetty, and C.B. Aviation, LLC's remaining indebtedness to plaintiff Webster Capital Finance, Inc., IT IS FURTHER

ORDERED THAT a hearing is SCHEDULED for Wednesday, May 25, 2011, at 10:30 a.m., for the limited purpose of receiving evidence and argument on those issues. The Court will thereafter modify the judgments by separate order.

IT IS FURTHER ORDERED THAT execution on the confessed judgments is STAYED until the Court conducts the hearing to which reference is made in this Order and modifies the confessed judgments to accurately reflect the amount of defendants' remaining indebtedness to Webster Capital Finance, Inc., and to provide for a reasonable attorney's fee.

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